Tuesday, March 28, 2017

Trump To Sign "Energy Independence" Order Killing Obama's Climate Change Initiatives

Coming off a brutal Trumpcare defeat, delivered by members of his own party no less, Trump has decided to return to a strategy of progressing his policy initiatives through executive order. As such, later today President Trump is set to sign a sweeping new "Energy Independence" executive order aimed at promoting domestic oil, coal and natural gas production by reversing much of Obama's efforts to address climate change via his "Clean Power Plan".

Obama’s Clean Power Plan was designed to cut carbon dioxide emissions from electricity by 32% by 2030 compared to 2005 levels and resulted in the collapse of the coal industry, including several large bankruptcies .... http://www.zerohedge.com